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Swiss Franc Technical Outlook The USDCHF pattern is tracking our count nicely. Go to Full Article
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British Pound Technical Outlook "Over the last 2 months, the pair has gone sideways and it is more likely that this serves to build a bullish base that will lead to a rally through 2.04... Go to Full Article
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Yen Technical Outlook We remain bearish as long as the USDJPY is below 105.60. Go to Full Article
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Old Gas Pumps Can’t Keep Up With Rising Prices Found this great article online REARDAN, Wash. (AP) — Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can’t register more than $3.99 on their spinning ... ...
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In the Financial Papers: Today’s Top Forex News 05.13.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 5:01 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: US Retail Sales Report...
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Forex Trading: GBPUSD made its way below the 1.9450 level...Now what? The GBPUSD made it below the 1.9450 level and moved to a intraday low of 1.9425. The pair moved back to the 1.9450 level and held so far. A break of the 1.9425 level should attract additional sellers on the confirmation of...
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Australian Dollar and Forex Trading Strategy Risk appetite brings back carry tradeThings have been a bit choppy on the currency market, and this has been leading to some interesting situations. Right now, risk appetite is making a bit of a comeback on hopes for the US dollar, ... Go to...
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Euro Choppy in Forex Trading Where is the euro headed in currency trading?The euro is showing choppiness in forex trading on the currency market today. After recovering a bit against the US dollar, the euro is now dropping again in currency trading. ... Go to Full Article
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Forex Trading: USDJPY getting close to the 100 day moving average The USDJPY has upside resistance at 105.10 which is the 100 day moving average. The level was tested on a few occassions, but has not been able to close above the level. Watch this level going forward. Go to Full Article
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Forex Trading: GBPUSD testing Support at 1.9450 area The GBPUSD has been in this downward channel/flag formation and is testing the bottom trendline at teh 1.9450 area. Go to Full Article
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Forex News: US Retail Sales come in at -0.2 and +0.5% ex auto The ex Auto is stronger than expected. Revisions show unchanged from +0.2% and +0.4% from +0.1% originally reported. The report showed strength in housing-related areas. Building Materials jumped 1.9 percent Restaurant sales also...
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Forex News: FOMC Bernanke speaks on the Liquidity measures FED MEAUSRES CONTRIBUTED TO SOME IMPROVEMENT; FINANCIAL MARKET CONDITIONS FAR FROM NORMAL; END EXTRAORDINARY STEPS WHEN MARKETS MORE NORMAL; FED READY TO INCREASE TAF AUCTIONS AS WARRANTED; FAILURE WOULD HAVE CREATED MUCH BROADER...
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Bobby's Corner-Market Open 5.13.2008 Tuesday May 13, 2008. G ood Morning: The dollar strengthened overnight as traders speculate that the Fed may signal that further interest rate reductions will pause due to rising inflation. European Equity markets lost ground as ... Go to Full Article
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My psychological trading setup The best way for getting profits for me is to be in structured goal oriented mental mode. By that I mean that when I have a plan and it's now of getting around 50 pips per week than I go and deliver that. ... Go to Full Article
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Scalping First gbp/usd trade was scalp with lucky spike in my direction so I got nice profit very fast. I wasn't fast enough to exit it at top, that's how fast it was. Action started after 10:30 gbp news time , spread was wide and it's now 30 ... Go to Full Article
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